Microsoft Mb 310 Dynamics 365 Finance Functional Consultant Practice Test - Set 1
Test your knowledge with this Microsoft Mb 310 Dynamics 365 Finance Functional Consultant mock exam. Get real-world IT questions and prepare for certification success.
Unknown Exam - Exam Information
Exam Information
Exam Code
Microsoft Mb 310 Dynamics 365 Finance Functional Consultant
Exam Title
Unknown Exam
Vendor
Microsoft
Difficulty
Varies
Duration
Varies
Question Format
Multiple Choice
Last Updated
February 25, 2025
Prepare for your Microsoft certification with our comprehensive practice exams.
1. Which module in Dynamics 365 Finance is responsible for managing vendor invoices and payments?
Accounts Payable
General Ledger
Cash and Bank Management
Project Accounting
✅ Correct Answer: Accounts Payable
2. Which feature in Dynamics 365 Finance allows users to automate bank reconciliations?
Advanced Bank Reconciliation
Budgeting
Fixed Assets
Financial Reporting
✅ Correct Answer: Advanced Bank Reconciliation
3. Which module in Dynamics 365 Finance is used for managing customer invoices and payments?
Accounts Receivable
General Ledger
Cash and Bank Management
Project Accounting
✅ Correct Answer: Accounts Receivable
4. Which feature in Dynamics 365 Finance is used for managing fixed assets?
Fixed Assets Management
General Ledger
Cash and Bank Management
Project Accounting
✅ Correct Answer: Fixed Assets Management
5. Which module in Dynamics 365 Finance is used for managing cash flow and bank transactions?
Cash and Bank Management
General Ledger
Accounts Payable
Project Accounting
✅ Correct Answer: Cash and Bank Management
6. Which feature in Dynamics 365 Finance is used for budgeting and forecasting?
Budgeting and Budget Control
General Ledger
Cash and Bank Management
Project Accounting
✅ Correct Answer: Budgeting and Budget Control
7. Which module in Dynamics 365 Finance is used for managing project costs and revenues?
Project Management and Accounting
General Ledger
Cash and Bank Management
Accounts Payable
✅ Correct Answer: Project Management and Accounting
8. Which feature in Dynamics 365 Finance is used for managing expense reports?
Expense Management
General Ledger
Cash and Bank Management
Project Accounting
✅ Correct Answer: Expense Management
9. Which module in Dynamics 365 Finance is used for managing financial reporting?
General Ledger
Accounts Payable
Cash and Bank Management
Project Accounting
✅ Correct Answer: General Ledger
10. Which feature in Dynamics 365 Finance is used for managing intercompany transactions?
Intercompany Accounting
General Ledger
Cash and Bank Management
Project Accounting
✅ Correct Answer: Intercompany Accounting
11. Which module in Dynamics 365 Finance is used for managing procurement processes?
Procurement and Sourcing
General Ledger
Cash and Bank Management
Project Accounting
✅ Correct Answer: Procurement and Sourcing
12. Which feature in Dynamics 365 Finance is used for managing inventory valuation?
Inventory Management
General Ledger
Cash and Bank Management
Project Accounting
✅ Correct Answer: Inventory Management
13. Which module in Dynamics 365 Finance is used for managing sales orders and invoices?
Sales and Marketing
General Ledger
Cash and Bank Management
Project Accounting
✅ Correct Answer: Sales and Marketing
14. Which feature in Dynamics 365 Finance is used for managing credit and collections?
Credit and Collections Management
General Ledger
Cash and Bank Management
Project Accounting
✅ Correct Answer: Credit and Collections Management
15. Which module in Dynamics 365 Finance is used for managing production processes?
Production Control
General Ledger
Cash and Bank Management
Project Accounting
✅ Correct Answer: Production Control
16. Which feature in Dynamics 365 Finance is used for managing cost accounting?
Cost Accounting
General Ledger
Cash and Bank Management
Project Accounting
✅ Correct Answer: Cost Accounting
17. Which module in Dynamics 365 Finance is used for managing warehouse operations?
Warehouse Management
General Ledger
Cash and Bank Management
Project Accounting
✅ Correct Answer: Warehouse Management
18. Which feature in Dynamics 365 Finance is used for managing transportation logistics?
Transportation Management
General Ledger
Cash and Bank Management
Project Accounting
✅ Correct Answer: Transportation Management
19. Which module in Dynamics 365 Finance is used for managing master planning?
Master Planning
General Ledger
Cash and Bank Management
Project Accounting
✅ Correct Answer: Master Planning
20. Which feature in Dynamics 365 Finance is used for managing product configurations?
Product Information Management
General Ledger
Cash and Bank Management
Project Accounting
✅ Correct Answer: Product Information Management
21. Which module in Dynamics 365 Finance helps with managing employee payroll?
Human Resources
Project Accounting
General Ledger
Cash and Bank Management
✅ Correct Answer: Human Resources
22. Which module in Dynamics 365 Finance allows tracking and managing vendor agreements?
Procurement and Sourcing
Accounts Payable
General Ledger
Inventory Management
✅ Correct Answer: Procurement and Sourcing
23. Which feature in Dynamics 365 Finance is used for calculating tax on transactions?
Tax Management
Cash and Bank Management
Accounts Payable
General Ledger
✅ Correct Answer: Tax Management
24. Which module in Dynamics 365 Finance allows for the creation of financial journals?
General Ledger
Accounts Receivable
Accounts Payable
Cash and Bank Management
✅ Correct Answer: General Ledger
25. Which feature in Dynamics 365 Finance supports managing the reconciliation of intercompany transactions?
Intercompany Accounting
Accounts Payable
Project Accounting
Fixed Assets
✅ Correct Answer: Intercompany Accounting
26. Which module in Dynamics 365 Finance helps manage multi-currency transactions?
Cash and Bank Management
Accounts Receivable
Accounts Payable
General Ledger
✅ Correct Answer: Cash and Bank Management
27. Which feature in Dynamics 365 Finance is used for managing the approval workflows for invoices?
Invoice Approval
Accounts Payable
Cash and Bank Management
Project Accounting
✅ Correct Answer: Invoice Approval
28. Which module in Dynamics 365 Finance allows for managing credit limits and credit notes?
Accounts Receivable
General Ledger
Cash and Bank Management
Sales and Marketing
✅ Correct Answer: Accounts Receivable
29. Which feature in Dynamics 365 Finance helps track the profitability of individual projects?
Project Accounting
General Ledger
Cash and Bank Management
Accounts Payable
✅ Correct Answer: Project Accounting
30. Which module in Dynamics 365 Finance is used for managing fixed asset depreciation?
Fixed Assets Management
Cash and Bank Management
General Ledger
Accounts Payable
✅ Correct Answer: Fixed Assets Management
31. Which feature in Dynamics 365 Finance is used for performing budget control and variance analysis?
Budgeting and Budget Control
General Ledger
Accounts Receivable
Sales and Marketing
✅ Correct Answer: Budgeting and Budget Control
32. Which module in Dynamics 365 Finance helps manage purchase orders and receiving?
Procurement and Sourcing
General Ledger
Accounts Payable
Cash and Bank Management
✅ Correct Answer: Procurement and Sourcing
33. Which feature in Dynamics 365 Finance is used to calculate financial ratios and key metrics?
Financial Reporting
General Ledger
Accounts Payable
Sales and Marketing
✅ Correct Answer: Financial Reporting
34. Which module in Dynamics 365 Finance is used for managing customer service and returns?
Sales and Marketing
Accounts Receivable
Cash and Bank Management
Inventory Management
✅ Correct Answer: Sales and Marketing
35. Which feature in Dynamics 365 Finance helps with tax filing and compliance?
Tax Management
Accounts Receivable
Accounts Payable
General Ledger
✅ Correct Answer: Tax Management
36. Which module in Dynamics 365 Finance supports managing bank deposits and withdrawals?
Cash and Bank Management
General Ledger
Accounts Receivable
Accounts Payable
✅ Correct Answer: Cash and Bank Management
37. Which feature in Dynamics 365 Finance is used to maintain company-wide accounting policies?
General Ledger
Accounts Payable
Accounts Receivable
Project Accounting
✅ Correct Answer: General Ledger
38. Which module in Dynamics 365 Finance helps track employee time and labor costs?
Human Resources
Project Accounting
Cash and Bank Management
Fixed Assets
✅ Correct Answer: Human Resources
39. Which feature in Dynamics 365 Finance allows for managing fixed asset acquisition and retirement?
Fixed Assets Management
General Ledger
Accounts Receivable
Project Accounting
✅ Correct Answer: Fixed Assets Management
40. Which module in Dynamics 365 Finance enables automated workflows for procurement activities?
Procurement and Sourcing
General Ledger
Cash and Bank Management
Accounts Payable
✅ Correct Answer: Procurement and Sourcing
41. Which feature in Dynamics 365 Finance helps users track the financial performance of projects?
Project Accounting
General Ledger
Accounts Receivable
Cash and Bank Management
✅ Correct Answer: Project Accounting
42. Which module in Dynamics 365 Finance is used to manage the overall general ledger structure?
General Ledger
Accounts Receivable
Accounts Payable
Fixed Assets
✅ Correct Answer: General Ledger
43. Which feature in Dynamics 365 Finance is used for controlling and approving supplier payments?
Accounts Payable
General Ledger
Cash and Bank Management
Procurement and Sourcing
✅ Correct Answer: Accounts Payable
44. Which module in Dynamics 365 Finance helps manage inventory, warehouse locations, and shipping?
Warehouse Management
General Ledger
Accounts Payable
Project Accounting
✅ Correct Answer: Warehouse Management
45. Which feature in Dynamics 365 Finance is used for tracking and reporting on financial transactions?
Financial Reporting
Accounts Receivable
Accounts Payable
Cash and Bank Management
✅ Correct Answer: Financial Reporting
46. Which module in Dynamics 365 Finance supports managing and optimizing production schedules?
Production Control
General Ledger
Accounts Receivable
Cash and Bank Management
✅ Correct Answer: Production Control
47. Which feature in Dynamics 365 Finance is used for managing bank transactions and balances?
Cash and Bank Management
Accounts Payable
Accounts Receivable
Fixed Assets
✅ Correct Answer: Cash and Bank Management
48. Which module in Dynamics 365 Finance enables managing product catalog and configuration?
Product Information Management
General Ledger
Accounts Payable
Accounts Receivable
✅ Correct Answer: Product Information Management
49. Which feature in Dynamics 365 Finance is used for planning and scheduling resources in projects?
Project Accounting
General Ledger
Accounts Payable
Cash and Bank Management
✅ Correct Answer: Project Accounting
50. Which module in Dynamics 365 Finance helps manage employee benefits and compensation?
Human Resources
Accounts Receivable
Project Accounting
Fixed Assets
✅ Correct Answer: Human Resources
51. Which feature in Dynamics 365 Finance enables managing payment terms for vendors?
Accounts Payable
General Ledger
Accounts Receivable
Cash and Bank Management
✅ Correct Answer: Accounts Payable
52. Which module in Dynamics 365 Finance is used for managing resource scheduling and allocation?
Project Management and Accounting
General Ledger
Cash and Bank Management
Accounts Payable
✅ Correct Answer: Project Management and Accounting
53. Which feature in Dynamics 365 Finance is used for processing supplier invoices and payments?
Accounts Payable
General Ledger
Cash and Bank Management
Sales and Marketing
✅ Correct Answer: Accounts Payable
54. Which module in Dynamics 365 Finance is used for managing employee training and development?
Human Resources
Project Accounting
General Ledger
Accounts Payable
✅ Correct Answer: Human Resources
55. Which feature in Dynamics 365 Finance is used for managing customer credit limits and payments?
Accounts Receivable
General Ledger
Accounts Payable
Cash and Bank Management
✅ Correct Answer: Accounts Receivable
56. Which module in Dynamics 365 Finance is used for managing supply chain processes?
Supply Chain Management
General Ledger
Accounts Payable
Accounts Receivable
✅ Correct Answer: Supply Chain Management
57. Which feature in Dynamics 365 Finance helps automate the invoice matching process?
Invoice Matching
General Ledger
Accounts Payable
Fixed Assets
✅ Correct Answer: Invoice Matching
58. Which module in Dynamics 365 Finance is used for managing accounting workflows and approvals?
General Ledger
Accounts Receivable
Cash and Bank Management
Accounts Payable
✅ Correct Answer: General Ledger
59. Which feature in Dynamics 365 Finance helps manage intercompany financial transactions?
Intercompany Accounting
General Ledger
Accounts Receivable
Accounts Payable
✅ Correct Answer: Intercompany Accounting
60. Which module in Dynamics 365 Finance helps track and manage customer orders?
Sales and Marketing
Accounts Payable
Accounts Receivable
General Ledger
✅ Correct Answer: Sales and Marketing
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